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to reduce the deficit. there are major questions about taxes and possible cuts to the big three. >>> and in wisconsin, we have a result in the state's first recall election since the scott walker union busting law was passed. the democrat, dave hansen, has defeated the republican challenger, another major victory for workers rights in wisconsin and in america. this is "the ed show." let's get to work. >> we now have a bipartisan group of senators who agree with that balanced approach. and we've got the american people who agree with that balanced approach. >> the gang of six plan rides again. bernie sanders gives the plan a huge thumb's down. he's here tonight. rupert murdoch plays dumb in front of parliament. >> i don't know. >> reminds me of a scene from the godfather. >> i don't know nothing about that. >> we have more on the news corp. dog and pony show. and the election results everyone is waiting for out of wisconsin. we will talk to the first member of the wisconsin 14 to face a recall election. >>> good evening, americans, thanks for joining us tonight. with less than tw
on mcconnell's compromise plan as early as this week. that would mean republicans get big spending cuts in exchange for zero tax increases. the president vowed that that wouldn't happen. tonight let's be an honest broker and make sure he keeps his word. >> i do not see a path to a deal if they don't budge, period. >> president obama drew a line on taxes last week. republicans are running out the clock, and it looks like the president is caving. senator sheldon whitehouse is here. one of the key figures in the news corporate fox hacking scandal is found dead, and there's more trouble in the united states for rupert murdoch. filmmaker robert greenwall on the latest. in psycho talk tonight. >> yes, they have the right to do that. that's not discriminating based upon religion against their particular religion. >> republican presidential hopeful herman cain has a warped understanding of the constitution. more anti-islam remarks from the godfather's pizza man. tonight, he's attacking another candidate on his religion. remember last week everybody was saying, well, the president is in such a g
not be willing or able to, seemingly, take on big tasks. >> that happened all this week. kristin is live at the white house. a lot of talk. we're one day closer to that deadline. what can we expect to hear from the president in the next hour? >> hi there, richard. we expect the president to continue to push to get a big deal. what's a big deal? about $4 trillion in deaf sigz reductions over the next decade. at the end of last week, it looked like he and speaker boehner were moving towards the same page in terms of trying to get a big deal. that fell apart over the weekend. so we expect the president to resume calls for a big deal to say now is the time to seize the moment. there will be political pain on both sides. what he means by that is the democrats will have to come to the table over entitlements, making small changes to things like social security and medicare and the republicans will need to come to the table in terms of rolling back tax break for wealthy corporations and americans. as you said, richard, he's going to hammer this point that they will continue to work until they g
's to resume their position because there's an answer to the big question. >> lilia luciano on verdict watch for us in orlando. thank you so much. >>> i want to bring in our legal panel to talk about deliberations and which side did a better job of proving its case. we have diane dimond and former prosecutor wendy murphy on the right side of your screen. thanks to both of you for joining us today. >> sure. >> before we get started, i want to play a bite from defense lawyer jose baez who on monday raised the issue of reasonable doubt, telling the jury they have it. take a listen. >> these are the facts that you have heard. and these are the facts that prove beyond a reasonable doubt that casey anthony is guilty of murder in the first degree. reasonable doubt lives here. it's throughout the case. it's right here. it's with these individuals. it's with those individuals. it's everywhere. you can't trust this evidence. you can't. >> all right. so we started with the prosecutor first. wendy, let me start with you. did the prosecution remove any reasonable doubt? many say that jose baez may have a
of different ways. by the way, this is no big secret, it's not like i'm telling you something other people can't figure out very easily. but if you have one phone call another phone it creates a busy line. if you use a third phone to call in, it goes directly to the voice mail and if you don't have a pin, it's very easy to get somebody's voice mail. >> we talked about at&t. how vulnerable are they to getting hacked and do we need to make pin numbers mandatory in order to keep all of our phones safe? >> i think that's something to think about. right now the onus is on the consumer, it's on us to be proactive with our mobile devices to put that pin on there. you think of your smartphone these days. it's really like a small laptop. in my face it's almost as big as a laptop. but you store so much personal information on there that really the companies should be doing more for users, i would say, because they're such an extension of ourselves. because there's such critical information on there. you know, i don't want to single out at&t too much because all of the wireless carriers are aware that th
economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
republicans. that would offer a big challenge to mitt romney. >> keith, why is at this moment rick perry holding out? >> i wish i could tell you what's going on inside rick perry's head. i think he's probably deciding if he's a legitimate candidate. if he can win the gop nomination. i think he is threatened by michele bachmann. i think she's sort of obviously protects the same type of people that are part of her base, part of his base. there's the question of electablity. if he wins the gop nomination, could he win the presidency? could he beat obama obama? i'm not convinced he could. >> what do you think, john, who would be the builtest threat to barack obama of three? >> i think romney would be the biggest threat. i think perry would come in second and i think that bachmann could would come in third. mitt romney has the organization out there. he has a compelling story when it comes to turn around artists. he turned around the olympics. he turned and massachusetts and turned around -- i think people want a turn around artist. perry has a story to tell about what he's done in texas as f
clearly we have a bought one. time to change that. our show starts right now. >>> well, the big story today, whether we like it or not, round 4. right now congressional leaders walking back into the white house for the fourth straight day of debt talks with president obama. it is hump day here in new york city, and across this great land. i am dylan ratigan. a pleasure to be seeing you. debt negotiators have yet to get over their trillion dollar hump and agree on a debt deal to keep our nation functional, the president stepping up the fearmongering, warning that seniors may not be able to get their social security check next month if congress does not act. quite simply, that would not happen. on the gop side, speaker boehner said any deal would be a crapshoot. house majority leader eric cantor, king of the prowrestlers these days, a leading voice emerging, aligning with the extremely far right idea logically prime minister study committee, in guarantees another job-killing debt crisis. that's a good talking point. i think most notably we'll stop spending on pod people or -- does
in the unemployment line. it's that big of an issue. new polling in four key swing states tell the story. over 50% of voters in ohio, missouri and montana say that they will be less likely to vote for president obama if he makes any cuts. that's any cuts to medicare/medicaid benefits. the same holds true if the president signs off on any deal that cuts social security. president obama will never win reelection if he loses 50% of the voters in a state like ohio. now, there is really good reason -- no good reason anywhere to put entitlement cuts on the table with numbers like this. this is mind-boggling to the democratic caucus right now. i know, i spoke to a dozen of them tonight at a function here in washington. republicans. they will never take it as a tried-off for raising taxes on the rich. eric canter made that crystal clear this morning. >> i can tell you one thing, we are united as republicans to say now is not the time to raise taxes. i have talked with the speaker. he is not for increase in taxes. >> we are not for any net new revenues right now. what we want to focus on is getting people
, to have a big fight in washington about what we are going to prioritize in this country, what we are going to spend money on and not going to spend money on. the president said yesterday the fight about the debt ceiling is not going to be some short-term stop-gap measure to tie the fight over to another day. the president said he wants to have the fight now. we are coming out of the great recession, but still tough times economically. given that, how should we be allocating our resources as a country? the republican stance in this big argument, the republican position is that they will not allow taxes to go up one penny, even if democrats only want to raise taxes on the richest people in the country. >> a tax hike cannot pass the u.s. house of representatives. it's not just a bad idea, it doesn't have the votes, and it can't happen. the american people don't want us to raise taxes. >> american people do not want us to raise taxes, makes for a nice, tidy, talking point in this fight. it does not, however, appear to be a true talking point. most recent poll to poll on this question said when
're going to have to push the big changes to deal with the deficit and debt, going to have to go down the road a bit and to the long term, maybe more than ten years? >> chris, i don't know about more than ten years, but certainly as you know, simpson boles, senator simpson and former chief of staff irskin boles, in their report they proposed making substantial cuts, raising revenues and across the board with all items of expansion. but they said in the near term, meaning the next year of so, we need to be very careful that we did not have the opposite effect by dampening down the struggling economy, obviously, as we saw today, which will decrease revenues and make the problem worse, not better. so in the short term, i agree with the bowles-simpson suggestion that we be very careful in the short term. there's no doubt, however, in the white house yesterday, or thursday -- yesterday -- there was a clear agreement that this was a serious, serious challenge that confronted us and it demanded at all of us try to come together and reach an agreement whereby we will certainly over the next 1
, hi, there, thomas. it seemed like forget hope for getting a big deal done in the arena of $4 tril john lion in tt decade was dwindling, but republicans would not accept a deal that big and they wanted $2 trillion over the next decade, but as you mentioned president obama came out today swinging, upping the ante saying he does indeed want a big deal done and if not now, when? and he essentially tried to assume the position of the adult in the room calling on the lawmakers to rip off the band-aids and eat the peas and call to action for democrats and republicans and calling the democrats to come to the table for entitlement reforms, and the republicans for rolling back the tax breaks for wealthy americans and big corporations, and it seemed like at the last of last week, the president and the speaker boehner may have been moving in the same direction, but then speaker boehner said we cannot support anything that looks like a tax increase. and so the president addressed that in his conversation today, and he said that any tax brea increases would not take effect immediately. >> when
is a big point of concern here. nancy pelosi was very adamant yesterday, saying that the republican caucus would not accept any deal that would cut medicare, cut social security. and remember, they're most likely going to need democratic votes to get this across the finish line because we're expecting any type of deal to extend the nation's debt limit will get a lot of republican defection. >> we just got the two-minute warning. we saw some activity from one of the staffers coming out to put president obama's notes at that podium. so i want to keep you with me right now to talk about what can we expect with the president telling everyone they need to stay in town, not go home, there's going to be work over the weekend, and that they're going to be in session next week trying to hammer this out? >> they're going to be in session next week. and we also got word the house will stay in session july 18th. essentially what you're seeing now, thomas, is some of it's political show, obviously, when people have to work on sunday that sends a message to the american people, you're having your day of
, social security. things like that. things obama says would be a sacred cow for democrats. talk about big numbers. that $4 trillion was the largest number we've heard so far but that does not sit well with republicans, because they wanted absolutely no tax increases. president obama, democrats told me, simply said, look, i'll give you $4 trillion in spending cuts. give me one-third in new tax increases. something in ordinary political years i'm told by democrats, most republicans would jump on. after this has played out, over the last few days, mitch mcconnell came through with a last-ditch plan. here's what he had to offer. >> i would advocate that we pass legislation giving the president the authority, the authority, to request of us an increase in the deficit would take us past the end of his term. we would authorize him to request of us that we raise the debt ceiling for the amount that he says he needs. require him to list spending cuts he would make in the same amount as the debt ceiling request he's making of us. >> reporter: so, dylan, if you didn't quite get all that you're not a
to figure out whether or not we are still a country that can think this big. we have to come up with a sensible way to finance healthcare, and the delivery 6 healthcare. there isn't anything we can't afford if we prioritize it. >> i think that one of the things we will see in the 2012 presidential election is whether a republican stands up says, i disagree with obama on taxes, and foreign policy, but he is as much of an american as i am. they won't say that move on to the issues. >> with immigration, you can only fear the future if you don't know our past. if you know how this country was built on immigration, you will understand immigration is an invaluable energy infusion into this country. it always has been. it changes the definition of who we are. >> good evening, americans, welcome "the ed show." the president is playing a dangerous game of chicken with this country's safety net. drew a line on taxes, i will have to draw a line on the big three tonight. don't offer the cuts on medicaid, social security, the american people since american people have spoken. the president s
are loop hoeholing loopholings. >> shouldn't they hold firm, democrats, on this. >> this is a big step forward for john cornyn, one of the big leaders in the -- a leader in the republican senate campaign committee to suggest they're open to the idea if not in the intermediate term closing loopholes is an important first step. it suggests that you can win some of your concessions you want here. if you're going to take drastic steps to reform medicare and medicaid and social security, which i agree we should, you should also hold firm to say that some are going to have their taxes changed. if the middle class and the people below the middle class are going to make sacrifices, and all americans should. people on the upper oechend sho as well. hopefully they'll agree to a corporate tax cut and hopefully doing something incentivize businesses hiring going forward. >> we got some great segment ms ahead. and must reads. the tax issue hurts it economy to deal with this a little bit and get what the democrats want on this. i don't think it does. >> i want patrick to explain this. he never quite
a big deal. so what is a big deal? white house officials tell me anything over $2 trillion, but he is pushing for more in the area of cuts that would equal $4 trillion over the next 10 to 12 years. now, this all comes against the backdrop of a report today in the "washington post" saying thatm president obama is putting social security on the table along with medicare and medicaid and when we asked the white house about this, they said, look, this is not news. the president has always supported the idea of small cuts in those entitlement programs to make them more effective as long as the cuts didn't impact beneficiaries and having said that some folks on the hill say there are some scenarios which would see a major overhaul of the entitlement programs, but the white house says they would not want to see anything to overhaul the main programs. but one of the sticking points here, thomas, is taxes. democrats want to see a rollback in tax credits for the wealthy americans and in big corporations, and the republicans have said no way, we don't support anything that looks like a tax in
a lot to talk about. big news over the budget and deficit reduction. president obama is rejecting calls for a short-term hike. he made a rare appearance in the press room. he's challenging them to seize the moment and cut a deal. >> i don't think the american people here sent us here to avoid tough problems. it's, in fact, what drives them nuts about washington. when both parties simply take the path of least resistance. i don't want to do that here. i believe right now, we have a unique opportunity to do something big. to tackle our deficit in a way that forces our government to live within our means. still allows us to invest in that future. >> all right. sounds good. sounds hopeful, it does. maybe something will get done, like everyone is going to come in. less than an hour after the president's invitation, john boehner missed the discussions saying a deal won't pass in the house, if it includes tax increases. he said, i'm happy to discuss the issues at the white house, but the discussions are fruitless until the president recognizes economic and legislative reality. >> that doesn't
>>> good day. i'm in for con tesz ya brewer. we're covering the big news from coast to coast. the hot topic is just that. we're talking about the sorching summer heat. >> beautiful weather out there if you love heat and humidity. today will be the hottest and most humid day of the summer. >> today? >> look at the numbers. right up into the triple digits. >> dallas has been baking in 100 degree temperatures for ten straight days. >> horrible. horrible. >> near hudson, texas, it's not the heat or the humidity, that's the drought. >> oouf never seen it like this. >> across the south temperatures are soaring and water levels are sinning. it's so bad a south georgia man is sharing the water from his pool. >> we're carrying buckets of water back and forth to the neighbors. >> in the midwest oppressive heat claimed one life. a man found dead inside his mobile home on sunday, the air conditioner wasn't working. >> this is oppressive and dangerous heat affecting more than 20 states and more than 90 million people. >> there are heat advisories or warnings in 24 of the 48 lower states.
the heat from the right. he still wants the big deal that would include perhaps cuts in medicare, medicaid and even social security, and with them tax increases. john boehner responded quickly. no to any tax increases, period. well, my question tonight, do republicans want to deal with really tanking the economy to say no to taxes? the face of the deadlock. the president said both sides have people who refuse to compromise. tonight one from each camp. democrat and tea party republican. i'll ask them what price they'll will be to see the country pay so they can stick to their positions. >>> also, not so excellent adventure. both michele bachmann and rick santorum signed a so-called marriage vow from a conservative group that suggested african-americans had a better family life under slavery. who writes this stuff? and worse yet who would sign on to such stuff? by the way, bachmann leads the pack in a new iowa poll, and a scandal keeps getting bigger. a report the tabloid targeted former prime minister gordon brown's voicemail and bank account. how far will this scandal go? and let me finish
toward a vote next week. the president says he still wants a big deal. but for the first time he's opening the door on senator mitch mcconnell's fall back plan which is gaining momentum on capitol hill. chuck todd was in the briefing room for the news conference. host of "the daily rundown" and luke russert. there was a movement from the president at least towards considering the mcconnell backup plan. what are the chances he still might get what he really wants which is a bigger deal? >> to me -- in a way put together to try to get through this. what you felt was the press conference was about was trying to frame the post game debate, if you will. you heard this from the speaker. suddenly they're back to distancing themselves from the debt ceiling. let's get to the debt ceiling part. we're running out of time on that. maybe there's still time to negotiate this grand bargain. that's sort of what i heard out of this. the president will sign anything that gets to his desk that seems to get through both houses of congress at this point. and then after that, maybe there's a conversat
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
. how exciting. >> they match. >> they do match. >> the big news of the day, yesterday, of course, was moody's coming out and saying, listen, we don't expect this to happ happen. the chances are slight this is going to happen. just the chance it may happen, we are going to downgrade america's credit rating. >> we are going to put it on credit watch to downgrade it or we will downgrade it if it happens. first of all, the rating agencies were behind the curve during the whole financial crisis and they took a lot of heat for that. now they are trying to be more proactive. when you have a congress that refuses to address the issue, what do they do? it's not a shocker. it's another symbol of how dysfunctional things are in washington and what the stakes are and how dangerous it is. you know a few people across the globe. >> i like it when mika says it better. >> say international financeer. >> i would think these are trying times for banks across the world. look at ireland a second time. it's spread to italy. we have all heard -- greece, portugal. it's all across europe. it's coming to
is better. >> more than 550,000 donors. >> willing to go big here. >> a shock and awe report. >> what a juggernaut this was for the president. >> mr. mcconnell said the day i was elected president, to see me beat. >> now i'm not the only one who knows the president is winning. >> republicans don't have a chance. >> mr. mcconnell who waves the white flag. >> mcconnell squawks, boehner balks, and cantor woes. >> trying to win the spin game. >> the senator republican leader says hey, i got this other nifty back-up plan. >> this is a complete betrayal of the tea party. >> let's be in a position to blame president obama. >> mitch mcconnell trying to become senator majority leader. >> tea party republicans are not exactly on the same page. >> inmates are truly running this asylum. >> we cannot go on scaring the american people. >> piece of legislation. >> this is a misnomer. >> as i fumble for the acronym, it guarantees to keep the promise. >> continue to be challenged by pledges they just can't keep. >> there's something out there caed the marriage vow. >> michele bachmann, who attempted t
of six proposal is rather vague. easy to agree on something balanced as long as it's big. in the house r there are republicans ideologically opposed to anything that increases revenue. now all the government deficit projections are based on the idea bush tax cuts expire for everyone, according to current statute, the end of next year. if you regard not only any change in the law that reduces the deficit as unacceptable but any failure to change the law is also unacceptable, then it's going to be very hard to pass anything through the house other than perhaps the mcconnell plan, without the savings in it. >> we're hearing from harry reid using the phrase, "time is of the essence," hearing that over and over again and taking us to the brink. do you get the feeling we are actually inching any closer to clenching a deal? >> i think the mcconnell proposal, with some savings we can all agree to, may very well end up being the package. it's very important to the president we have a 3.5, 4$4.5 trillion package. woe may not in this short time agree to more than a $5 million down payment and vague
big? what would you get rid of? >> i was one of the folks last week who introduced an amendment that said, let's at least freeze defense spendsing. it's not a very popular thing for a republican to do. i like defense, it's important to me. we only got 65 democrats and only 70 republicans. i'm willing to put everything on the table to be serious about spending reductions. >> what do we do about the big entitlements that go through the roof as people get older and older. you can't limit the number of people turning 65 by law. how do you deal with the cost increase? >> let's start by being honest with ourselves. i think the president did that this week. if you read his veto message about cut, cap and balance, he says the only reasons he opposes a balanced budget amendment is that it prevents us from keeping our promises to the seniors. what he's saying is what we have been telling folks back home, you cannot balance the budget without changing medicare, medicaid and social security. you simply can't do it. the folks back home tell you they want a balanced budget amendment. >> but t
wants 100%, then we can't get anything done. >> the president goes big, republicans go backwards. >> i have bent over backwards to work with the republicans. >> the one thing he won't accept is a short-term solution. >> boehnor's people and republicans on capitol hill say they are ready to eat the peas, but the peas can't have flavor of tax increases. >> speaker boehnor is caught between the tea party and catastrophe. >> he basically caved in on saturday night after pressure from eric cantor. >> he has the power in the house. >> what can you tell me about the relationship between speaker boehnor and eric cantor? >> senator dick durbin joins me. >> john boehnor is along for the ride. >> not all republicans believe the united states will default. >> i will be voting no on increasing the debt ceiling. >> these are ignorant people feeding lies to their constituents. >> dr. evil only asked for $1 million. >> tax pledges aren't the only problem for the republican candidates. >> did two republican hopefuls really sign a pledge suggesting a return to the days of slavery? >> the marriage vow. >
. and thirdly, it denies president obama the economic and political benefits of a big deal now and one that maybe included stimulus and one that would have resuscitated the brand as a post-partisan leader, and one that would have taken the deficit off of the table for election of 2012. a good deal? maybe for the democrats who like bad deals and yet, he might accept it. joining me is senator kent conrad to talk about the deal. senator, welcome. >> good to be with you, ezra. >> this is the reid/mcconnell deal and not just the mcdonnell deal, and billed by republicans and democrats alike, so what do the democrats see in it? >> i think that about the only thing that anyone can see in it that is positive is averting the catastrophe that would come to the country if we did not extend the debt ceiling and if we fail to meet the obligations and fail to pay our bills, interest rates would spike, and markets would crash, and the economy would flounder. we would be in a very serious situation going forward. so, about the only good thing that it does is to avert that kind of catastrophe. >> but th
a big quarter from team obama. fundraisers are predict they will bring in more than the record breaking that george bush raked in in 2003. the campaign tweeted add midnight, we're closing the books on the first chapter of the campaign with 493,697 donors. what does that mean? if he averages $200 a donor, he's going to be at awfully close to $100 million. obama did average $200 a donor the first two quarters as a candidate. campaign keeps pushing back on that. but do the math. in our look at all things independent. in battle ground states and emerging battleground states, the independent share of the voters equal to the two major parties or ahead, all courtesy of a book called how barack obama won, some guy here may have co-authored. in iowa and texas, 21%. in montana, 35%. 45% in new hampshire. bottom line is this, we know elections are won in the middle. wept strong for obama in '08. but the big question is there such a vacuum in the middle that somebody tries to fill it from the outside? we're going to talk about that later today. as bloomberg was first to reported, tim geithner has s
house back to the table, back to talking about something big. now, look, we still got a long ways to go. it's a weekend of sales jobs going on right now that actually began last night when the president had the congressional democratic leadership over to start talking turkey. so that brings us to the other sticking point, the actual substance. everybody has to figure out what to cut. this isn't going to be as easy as folks think and both sides are moving toward a deal that would include a trigger to assure mutually destructive politically when it comes to the two big items being kicked to committees or joint committees and that's still being figured out, tax and entitlements. one incentive plan would kill bush tax cuts for the rich and key portions of the new health care law if somehow the reforms for the tax code and social security and medicare weren't agreed to and implemented by january 1st, 2013. the question is, is the penalty on the bush tax cuts sort of the idea that you're kicking this down, is that going to be enough to assuage some democrats who believe there's too many cuts
. >>> now to two big stories back here at home coming to us from the white house. a big number for president obama, and we're not talking about the debt here. $86 million was just raised between the dnc and his re-election team. we're going to talk more about that coming up later in the show. meanwhile this afternoon, the president wants to bring congress closer to this massive debt deal. but the meeting may include more discussion on a republican backup plan. minority leader mitch mcconnell has a fallback option, giving the president authority, and the full responsibility, to raise the debt ceiling $2.5 trillion in three increments. he put pressure on the white house today. take a listen. >> we'll sign legislation by the president that requires him to propose spending cuts greater than the debt limit he requests, make the president show in black and white the specific cuts he claims to support. if he refuses he'll have to raise the debt ceiling on his own. >> nbc's mike viqueira is live for us on the white house on the north lawn. good morning. >> good morning. >> the president still stress
brewer, covering the big news from coast to coast. the big story today, casey anthony will be out of jail in less than one week. moments ago, we learned the florida mother acquitted of murdering her own 2-year-old daughter will be released next wednesday, july 13th. on tuesday, she was convicted on all counts of lying to police. this morning, judge belvin perry announced what that would cost her. >> i will sentence you to one year in the orange county jail, imposing a $1,000 fine on each count. all four counts to run consecutive to each other, giving you credit for the time that you have previously served. >> that credit amounted to just over 1,000 days. let's go live now to orlando. nbc is outside the courthouse with the very latest on what has happened this morning. good morning to you. >> reporter: good morning, richard. that was six days short of the worst case scenario for those protesters that gathered around this morning outside the courtroom. certainly not comforting, not even six weeks or six months, not even six years is anywhere near what they wanted or what they consid
is the big bad government is a threat to us. the consumer protection bureau as most americans understand is the government protecting them from abuse by private financial institutions. and they are terrified that the public will see that there is value to a public institution that can prevent them from being abused by private institutions because it undercuts the whole rationale that the government is always bad, always a problem. and that's why we are fighting so hard for it. >> congressman barney frank, democrat of massachusetts, ranking democrat on the financial committee. thank you for your time tonight. >>> texas governor, and gonna run for president guy, rick perry made a very surprising decision today that is going to upset some of his most ardent supporters. i'll tell you about it with a smile when i come back. >>> there are two things happening in rick perry's political life that are on a collision course. the first thing is that he plainly is going to run for president. he is leaking to the press that his wife wants him to run, she is actively enkiecouraging him do it. he just
're talking about the debt ceiling, because washington is talking about the debt ceiling. is this really a big deal? later this week as we go through our series of shows now that we're back, i will show you exactly what it means to have the government shut down because this shutdown is different from the one back in the gingrich years. republicans have no interest in finding my common ground whatsoever. it didn't take boehner very long to get away from happy hour and hammer the remarks. he put out a statement this afternoon. he said the american people are worried about our economy and our future. more than two years after the start of washington democratic stimulus spending spree, they're asking where are the jobs? boehner's house let me point out has not passed a single job creation bill or measure since he's had the power. now, nancy pelosi got health care done. she had the gavel and got it done. boehner wants to play golf, and this guy's had the gavel in his hand for six months. where the hell are the jobs? i did hear him talking about that. it's a little soft out there, although we are ad
, and the big obstacle has been that while we are willing to give the president a little running room to discuss that framework, the republicans have said no to even talking about the revenue piece. >> and yet there is some anger, isn't there, from democrats about the extent to which the president is prepared to compromi compromise, but isn't he right the do so given the perilous state of the debt ceiling discussions and the impending deadline? >> well, first of all, there is no agreement. there are a lot of rumors flying around about what may or may not be in an agreement. for example yesterday there was a story that the white house agreed to $3 trillion in cuts and no revenues and that is what understandably got a lot of people worked up. the white house has been clear today and from the beginning that any balanced plan is going to require real revenue. so i think that it is important for us to, you know, focus on what the president says actually will be in the plan and not what some of the rumors suggest. again, to go back to your point here, democrats in the congress are prepared to do a bal
this theater for however long it's been now really pumps it up. i never thought there was going to be a big deficit or debt reduction deal between the two parties because it's not in the interest of either party. i think the republicans were tactically terrible because they allowed obama to sort of portray himself or present himself as the one who is above the fray and who is interested in making the most cuts to the budget and to the debt going forward. and then making it appear, not appear but it's true, the republicans are walking away from a real deal to cut spending in this country. also, it gave obama and the democrats a chance to spotlight the republicans position on taxes. there's no way to get a handle on budget deficits over the long term debt without raising somebody's taxes. >> if this is raising the white flag, if this is going against the base, what is the difference between this and cutting a deal on tax loopholes and other things that would not impact their message overall. what makes this better? >> this is horrible. >> it's stupid. >> it's a nightmare. it's cynical. the se
to comment until you see some specifics. i think that the bottom line is in terms of an overall deal, the big holdup here is the fact that republicans have kept revenues off the table completely, even eric cantor yesterday, people said well, it's a great thing he says maybe he'll do a few of these egregious loopholes in the law, corporate jets and yachts and stuff like this, but even there, he had another loophole put in the law and none of the money that would be -- that comes from closing these loopholes would be used to reduce the deficit. so it's one step forward, two steps back. if republicans are willing to entertain serious revenues, there's a real chance for a big deal. if they're not, there's no chance for a big deal and i can tell you this. democrats are not going to go for something that says we have all these cuts that we'll put in the budget now and maybe we'll get revenues down the road, the ways and means committee or the finance committee will decide those down the road. leader reid issued a statement that i think sums up our view, that there has to be balance between cuts and
's mark zuckerberg has up his sleeve now. ♪ [ male announcer ] achievement: has big plans. achievement: plays well with others. ♪ achievement: loves getting its hands dirty. ♪ achievement: is ready for the world. that's why pnc created grow up great®, our 10-year, 100-million-dollar program committed to early education and helping achievement start young. pnc bank. for the achiever in you(sm). fiber one. uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! [ jack ] yeah, this is pretty good. [ male announcer ] half a day's worth of fiber. fiber one. >>> you can get away with murder. a woman like me, you're invisible. she got away with murder. >> this is an injustice. this is stupid. how in the world? >> the outrage of the casey anthony verdict has been swift and unrelenting on blogs, twitter, around the water cooler at work this morning. people are asking, did she get away with murder? let's bring our legal experts in, former prosecutor susan filan and alex faer, host of judge alex. good morning to both of you. i'm sure you're not surprised at the rea
unpublished research that indicates it might be simply big time peptide disorders. we don't know. i don't think it's as simple as trying to pass by the kentucky fried checken outlet without going in. this is a serious medical problem. we need to know more about it before we know how to treat it right. >> not that i disagree with you, governor but sometimes we reach for more complex reasons when the simpler reasons are in front of us. the tv remote control clicker and video games. this nation is filled with kids from 8 to 18 who never get off the couch. look at the advertisements for the real to life video games we have around us. that's all they play. they don't go out and play catch or run down the block to get milk. >> i think that's true. i didn't mean to say it had nothing to do with it but i think it's going to be a complex set of problems. it's going to defie easy political solutions. >> we'll move on to the budget. nine of ten states with the highest obesity led by mississippi, alabama and west virginia. they lead the nation in diabetes and high blood pressure. it's, you know, ob
. if you are going to rule out medicare now and say yeah, we are going to make big cuts but rule out medicare. that means democrats are focusing on 10%, discretionary spending that is our investments, r & d, education, infrastructure. the things we need to double and triple down on. the things we can afford to do in trying to catch up with china if we take care of the long-term structural debt on taxes, on health care and these other issues. >> yeah, we talked about the fact our health care system is at least 50% more expensive procedure by procedure than any other place in the world. we have this grip on a lot of the health care sector. we need health care reform. this is obvious. but it's been obvious for years. they don't do it on either side. >> coming up, connecticut governor dannel mall low. >> he's going to yell at you. >> i think he's in for a fight, yeah. yeah. >> mika is mad. she's not putting up with it anymore. >> this is incredible. sexual assault allegations against strauss-kahn. why it's on the verge of collapse. >> he was in yonkers at the time. come on. >>> first, he
as she stepped into the night and into a waiting suv. big smile on her face there. that suv drove away that's the last the public saw of casey. according to attorney chany mason that's some of the last we'll see of her for some time. >> i think if you're waiting to see her in court again, you'd better get a rocking chair. as far as all the rumors about paid interviews and books and movies there's been no truth to any of that. nothing has been agreed to in any capacity whatsoever. >> we're live in orlando, are you getting any clues about her whereabouts? >> reporter: not really. she really did vanish. her team here, her legal team effectively did what they wanted to pull off. she left the jail here, got into that suv, drove down the road right here which was closed off. there was nom news helicopters that chased. but there were a variety of s.u.v.'s out there. when they got into downtown it was sort of hard to keep track of which was which behind the buildings. next thing you know the news choppers lost her in the darkness downtown. then there was at an airport one of the s.u.v.'s had g
to respond. >> i think that i would describe it as dire. and we have three really big problems. we have a spending problem. we have a debt problem. and we have a jobs problem. >> wall street's reaction to all of this a sea of red there. you see the dow down 103 points, and the s&p down as well as the nasdaq. joining me is washington post columnist ezra klein who is also an msnbc contributor, and ezra, thank you for your time, and let's look at the big picture here, because this big number here, you can use the words disappointing and abysmal, and unsettling, and that is not good news for the obama administration, and what do you say? >> i use stronger words than that terrible. it is larger than the obama administration, because we see that the economy is not recovering. since march, we have added 540,000 people, and that is not a slow recovery, but the opposite of recovery, backsliding. meanwhile, washington is caught in the same narrow arguments, and john boehner says debt and spending. no, we need to focus now on jobs and we need to make that priority number one and not endlessly argu
here, right here. they will start working it. working it. take a piece how big they want it. they work it and work it until it cuts into the metal. whatever they get toothpaste and soap, mix it up and layer it. anytime you come in here, they can see this and cover it up. two pieces that were used, came from here. that's why they started doing this. this is contraband now. >> although level 6 is on lockdown, we're allowed to talk to one inmate about the toll the new restrictions are taking. >> i haven't been able to visit with my sister or mother because of this thing that happened in the separate housing unit. it was two other inmates, had nothing to do with me. so,itis not right. it's a nuisance. it's annoying because i don't behave in a way that merits my suspension of privileges, visits, or do a lot of other guys for that matter but yet we're being punished collectively. two weeks ago, they came and took away our nail clippers. we weren't allowed access except on sunday night. if we needed to cut our nails, the corrections officer would give them to us and then take them back. we we
at the top of the of the hour, the case against the noted french big wig dominique strauss-kahn on the edge of collapse as we hear from the attorney of the woman who says he attacked her. >>> and embrace the race of 2012. now, back to tamron. >>> well, monaco's marriage of prince albert and charlene woodstock went ahead at the palace. it marks the first marriage of the reigning prince in 50 years. it started with appearances by president sarkozy and designer armani, and michelle kosinski joins us, and i have to say that your dress is stunning. you look fantabulous, but one of the requirements was that you had to wear a cocktail dress, right? >> yes sh, to get anywhere neare restricted areas and the wedding you have had to have a cocktail attire, and the male press had to wear all black, which was rare, because it was all hot here today. and before of the ceremony, you could see everyone fanning themselves, because it has a beautiful islandy mediterranean feel and absolutely beautiful day with blue sky and blue water and blue bloods, lots of them inside to see this ceremony and how strange,
are going to have a big choice -- they picked this fight with the president for a reason, the debt limit is not going to be raised unless we do something on the deficit projections now and in to the future. but the problem with the house republicans is, they never answered affirmatively in a politically sa political politically saliable way what the a the answer should be. you have to have a plan that can pass both chambers and the president can sign. otherwise, you're talking past the other party. >> the question is, nicole, what is republican position right now? at the end of last week, we had republican leaders on in the house, guys i like very much personally. been a champion of paul ryan. back from the time i met him, in 1994. but we ask, what do you want? and their position was, it's not enough to close the tax loopholes. we've got to cut tax rates, income tax rates for individuals and corporations. that's not going to happen in 2011. they know it's not going to happen. i say, okay, let's say you got that done, would that be enough? then paul ryan said, no. we need a fundamental tr
understand these things as an attorney and as a correspondent at the big level. this is a case that has fascinated a lot of people, including me. what did you think? as a reporter, can you even say that you were stunned? >> i have to say, i was surprised. the reason i was surprised is because how quickly the jurors came back with this verdict and the fact it was a wholesale rejection of the prosecution's case. i mean, the jurors had an array of charges to consider. everything from the top charge of first-degree death penalty eligible murder all wait down to just a straight charge of child abuse, and even though anyone watching this case could see the problems of proof the prosecutors were dealt. the fact we don't know when caylee died, or exactly how caylee died although prosecutors had theories that were consistent with the evidence, but the evident wasn't dispositive of those theories. at the end of the day, i thought the jurors might get back there in the jury room and say you know what? given her behavior, not reporting the child missing for 31 days, that stench of death emanating o
that it isn't that big of a deal have made themselves look pri instrahan gent. if we do go to doomsday on this, the hope is people that get blamed will be the republicans. >> that's option 2. that's default. i've given you two options. >> it's not default if we don't stop sending out the checks. if we keep sending out the checks, it's not default. we didn't default in '95. we just got near to it. >> does the president then say, okay, i'll agree to the republican plan? what's the third option besides default and defeat? how does he force his point of view, which is a reasonable balance, two or three to one, spending cuts to revenue hikes. >> i have no idea. i should say they're talking four or five to one. >> how do we get to there then? >> he can't. on his own we simply cannot. we live in a country, the constitution, the constitution has ultimate power. a lot of people think he could ignore them by asserting constitutional authority, but that is really dependent on the supreme court. >> am i right that it depends on one man, john boehner, speaker of the house, will have to deliver the votes he
by decisions four, five years ago, mostly by republican congress and president. it's like having a nice, big dinner with a few friends at the restaurant and then saying we're not going to pay the bill. that's what not raising the debt ceiling is. >> and when you look who we owe the money to, 44%, the biggest percentage of our debt is owed to the federal reserve, which is -- if we're going to not pay debt, instead of not paying social security or veterans, why not just pay the federal reserve since we're subsidizing the banking system anyway? >> you could do that but i gang ter wouldn't get you very far. it might get you a few days. the problem is that -- if you don't raise the debt ceiling shortly after august 2eneden the secretary of the treasury is faced with a choice of breaking the law. the question, which law? one law says the debt ceiling says you can't borrow to pay the bills. but the anti-impoundment act of 1974 says you must pay the bills and you must spend the money congress appropriated. you can't not spend that money. >> you must not -- like being told you must not think about th
out as quickly as we expected, and so that's continued to be a big drag on the economy. we've had to revamp our housing programs several times to try to help people stay in their homes and try to start lifting home values up, but of all the things we've done, that's probably been the area that's been most stubborn to us trying to solve the problem. >> mr. president, 27% of our questions are in the jobs category, as can you see from the screen over here. how next question has to do about jobs and technology. it comes from david. tech and knowledge industries are thriving, yet jobs discussion always centers on manufacturing. why not be realistic about jobs? >> it's not an either/or question. it's a both/and question. we have to be successful at the cutting edge industries of the future like twitter. but we also have always been a country that makes stuff, and manufacturing jobs end up having both higher wages typically, and they also have bigger multiplier effects, so one manufacturing job can support a range of other jobs, suppliers and restaurants near the plant and so forth so th
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